Galaxy Surfactants (BOM:540935) ROCE % : 17.21% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Galaxy Surfactants ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Galaxy Surfactants's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.21%.

Galaxy Surfactants ROCE % Historical Data

The historical data trend for Galaxy Surfactants's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Galaxy Surfactants ROCE % Chart

Galaxy Surfactants Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

33.37

27.56

28.74

21.48

25.93

Galaxy Surfactants Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															28.23	22.52	19.83	18.90	17.21

Galaxy Surfactants ROCE % Calculation

Galaxy Surfactants's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	4913	/	( ( (26005.5 - 8654.2)	+	(27344.5 - 6799.6) )	/ 2 )
	=	4913	/	( (17351.3	+	20544.9)	/ 2 )
	=	4913	/	18948.1
	=	25.93 %

Galaxy Surfactants's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	3749.6	/	( ( (27453.9 - 5672.3)	+	(0 - 0) )	/ 1 )
	=	3749.6	/	( ( 21781.6	+	0 )	/ 1 )
	=	3749.6	/	21781.6
	=	17.21 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Galaxy Surfactants (BOM:540935) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Galaxy Surfactants ROCE % Related Terms

Thank you for viewing the detailed overview of Galaxy Surfactants's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Galaxy Surfactants (BOM:540935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Galaxy Surfactants Ltd (BOM:540935) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GALAXYSURF:India

Address

C-49/2, TTC Industrial Area, Pawne, Navi Mumbai, MH, IND, 400 703

Website

https://www.galaxysurfactants.com

Galaxy Surfactants Ltd is an India-based company that engages in the manufacture and marketing of specialty chemicals for the home and personal care industry. It offers a wide range of specialty chemicals which includes Surfactants, Mild Surfactants, Rheology Modifiers, Pearlizing Agents, Conditioning Agents, blends based on innovative concepts, proteins, Quats for personal care. It has one segment which is the home and personal care ingredients.

Galaxy Surfactants (BOM:540935) Headlines

No Headlines